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The phrase "a far-reaching change" is correct and usable in written English.
It can be used to describe a significant or extensive alteration that has a wide impact or influence.
Example: "The new policy implemented by the government represents a far-reaching change in the way we approach environmental issues."
Alternatives: "a sweeping change" or "a profound change."
Exact(9)
It is too soon to make such a far-reaching change.
Yet the rocker-cum-campaigner helped to insert a far-reaching change into the legislation they were drafting.
In a far-reaching change, the proposal also would subject participants in the derivatives market to capital requirements and to record-keeping and reporting requirements.
Mr. Sants said in 2010 that he would retire from the financial regulator, but the government announced a few months later that he would stay on to help with a far-reaching change of the British regulatory system.
This is potentially a far-reaching change, confirming Alexander Hamilton's view that "to be more safe, [people] at length become willing to run the risk of being less free".Second, the extremes of the political spectrum are likely to become less influential within the parties.
To Bridgman it was clear that "to adopt the operational point of view … means a far-reaching change in all our habits of thought".
Similar(51)
For officials at SUNY and CUNY, Mr. Paterson's willingness to change long-held practices in how the state uses tuition money has raised hope that the current crisis could provide an opportunity for a more far-reaching change in policy.
The federal government would have to make a very far-reaching change to the tax law.
Nevertheless he gathered from this conversation the impression that a rather far-reaching change had taken place in the mind of the Minister for Foreign Affairs.
All this has stirred considerable unease among strategists struggling to adjust to what they describe as a potentially far-reaching change in the way campaigns are fought, introduced by the same medium that revolutionized politics 40 years ago.
Cameron will also disclose that he will look at a potentially far-reaching change to intellectual property rights after Google told him UK laws are far more restrictive than the US.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com